Sepracor-Looks very promising Message Board

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Biotech / Medical : Sepracor-Looks very promising

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To: Neuroguy who wrote (1946)	3/5/1999 3:43:00 PM
From: RCMac	Read Replies (1) of 10280

>> I sincerely hope that SEPR has the appropriate safeguards in place to prevent [ a takeover] << SEPR has no such antitakeover protections. Its officers have been periodically asked about this, and have sounded prety wimpy on the point -- they don't worry about it because taking over SEPR's ongoing losses would be too dilutive on the acquirer's earnings statement, etc. I've never been clear why this means a "poison pill" or other anti-takeover provison couldn't be added on, and have thought it irresponsible that they haven't done so. -- RCM

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